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Economic Outlook

Ferguson proposes $4B in cuts to Washington state budget

March 13, 2025
Jake Goldstein-Street

The governor presented $4 billion in new reductions at the end of February and said he supports another $3 billion in savings former Gov. Jay Inslee proposed in December. This scrub is Ferguson’s first step in addressing an operating budget deficit that Democratic lawmakers say is roughly $12 billion over the next four years. Ferguson pegged the number higher, at $15 billion. 


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Survey: Washington employers are optimistic, but wary

February 20, 2025
TCAJOB Staff

Employers across the state are less in the doldrums about what 2025 could have in store for the economy, but rising costs and looming tariffs still have them on edge.


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Sen.-Joe-Nguyen

State senator to lead WA Department of Commerce

January 9, 2025
Jerry Cornfield

Governor-elect Bob Ferguson recently announced the appointment to lead the agency, which manages a budget of $7.9 billion and administers more than 100 programs in the areas of housing, energy, community and economic development, local government and business services.


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Economy remains steady heading into the new year

December 13, 2024
Rachel Visick

As a new year approaches, the region’s economy appears to be holding steady, with a bit of a slowdown typical for the winter season. 


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Tri-Cities is still where companies want to be

December 13, 2024
Ty Beaver

The economic development that’s been synonymous with the Tri-Cities in recent years is primed to continue, experts say.


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Covid’s legacy includes elevated labor costs, reshaped market

Labor shortages unlikely to ease to pre-pandemic levels may worsen
December 13, 2024
Guest Contributor

Despite the worst of the health crisis having passed, one of its enduring legacies is the sharp rise in labor costs.


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Benton-Franklin Trends

Recent economic trends show progress and slowdown

December 13, 2024
Guest Contributor

The latest economic data for the greater Tri-Cities yields a mixed bag of progress and slowdown. 


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5 steps to take before year-end to help protect against fraud

December 3, 2024
Guest Contributor

While we know we can’t absolutely 100% protect ourselves from those trying to get our personal information and money, following these five recommendations will help.


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Tri-Cities’ robust job creation varies greatly by sector

November 14, 2024
Guest Contributor

The pace of job expansion in the Tri-Cities region has exceeded that of Washington state overall in the past decade.


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This sector is now the second largest in the Tri-Cities region

October 14, 2024
Guest Contributor

With a robust population forecast on the horizon and one that is aging, the Tri-Cities will continue to see strong demand for the services of the various industries of the health and social assistance sector.


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